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20121202
20121210
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CSPAN 8
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
this, he's trying to distance himself from it right now. >> the president got re-elected. he's claiming he got re-elected in part because he wants to tax that 2%. he cannot go back on that. in the meantime, congress most of the republicans signed the grover norquist pledge which says you cannot tax that 2% more than anybody else. you can't increase the taxes. so we're at a stalemate and someone has to give and i don't see anyone giving right now. >> bank of america today commented on the let's jump crowd. the bungee jump crowd for which they think is a scenario. >> you wonder how much of that is in negotiating position. embraced early on by senator schumer, new york state's senior senator. we'll see. you know, there are those who believe if you want deficit reduction and are serious about it, we have one way to get there and it's called the fiscal cliff and will send us into recession but we may get deficit reduction but others believe we won't get spending cuts that we need. more will take place in defense which many argue does need to happen perhaps though not in the same way it does.
much better run during katrina describing similar observations many local residents and elected leaders are saying the agency isn't prepared to respond to disasters particularly in urban areas. at the least, the congressman hopes hurricane sandy is a major wake-up call. >>neil: you putting in a long day. >>guest: hour 13 and counting. >>neil: thank you. billions in aid is requested to help with the hurricane sandy and a big chunk of that will get doled out by fema but my next guest should they get rid of the middleman and get the money directly to the victims. my guest survived san difficult but his home did not. how is it now? >>guest: we are rebuilding, starting to rebuild. i have flood insurance. people this is flood insurance are worse off. if you lost your house, you have a cap and everything that you heard from the reporter, the stalling and the delay and they didn't know how to approach the situation, because there are three million people involved, or, maybe more, from jersey all the way to long island, you had maybe eight million that could be affected and in katrina it was onl
you know what your elected officials are doing. passing a bill to ban the word lunatic. >> gretchen: people will not be able to watch and call us that. should we give billions of hard earned american dollars to egypt even though we can't pay our own bills? congressman bucan an said it is amoral. >> the pent depon is preparing for massive cuts. pentagon today is scaling back and became the triangle. ♪ ♪ are you ready for this? ♪ snot ♪ nouncer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpn pie. and apple. 3% back on 4 trips to the airport. it's as easy as.. -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankameric
the day after the election to put receive news on the table to take a step toward the topt try to resolve. this when is he going to take a step towards us? >> can you see some way you can agree to tax rate increase and protect small businesses at the same time, maybe going with the 37% or some middle ground? >> there are a lot of things that are possible. but none of it is going to be possible. the president insist on my way or the highway. that's not the way to get to an agreement that i think is important for the american people and very important for our economy. thanks. >> minority leader me lows si speak today. here are her remarks. >> this morning we received the news that the economy added 146,000 jobs last month. the unemployment rate fell to 7.7% and we mark the 33 reasonable doubt consecutive month of private sector job growth. our economy is moving forward but it could be growing at a faster rate if the republican leadership had taken up and passed some of president obama's job initiatives including the american jobs act and had passed the middle income tax cut. having done tha
less than he offered before the election and also raises the money taken out of medicare and medicaid by $62 billion. how democrats or anybody could except that -- could accept that. the average folks here in america do not want to pay their fair share. they cannot argue the point that everybody has to give a little bit more to help us eliminate some of this debt and keep the country going in a positive direction. host: did you see the reaction from harry reid? caller: [laughter] host: let me read a portion of that. that is what the democratic leader in the senate had to say about yesterday's counterproposal put out by house republicans. we noted in this letter sent to the white house from the speaker also includes the signatures of paul ryan as well as eric cantor and the rest of his leadership team seems to be on board. here is the chairman of the republican study committee's statement. so here are the opening offers in "the washington post." time." there is the side-by-side in the "the washington times" this morning. a democratic caller, what do you think? caller: by listening at w
to stress the need for elected officials to act. for not only has the passage of time exacerbated some of the economic problems, it has revealed a perhaps equally-dangerous political one. our inability to grapple with pressing fiscal challenges represents nothing less than a crisis in our democratic order. compounding the instability and unpredictability in a volatile world. our propositions for this coalition are simple. the national security of the united states depends on its economic health. that health must be insured by averting the immediate crises and by laying the groundwork for a rigorous, long-term program of debt reduction, smart investment, economic growth and lower income inequality. in national security spending, we can target investments much more efficiently in response to threats that are evolving before our eyes. and resources need to be shifted toward nonmilitary elements of our national security posture. in the immediate term -- and by that i mean over the next four weeks -- we must avoid driving our country over the fiscal cliff. no partisan ideology is worth the
all know that was a kingmaker over the last two election cycles, a kingmaker on the tea party side. he is probably the person responsible for getting five tea party-backed members into the senate, including the most famous, marco rubio. he was backing marco rubio when established republicans were backing charlie crist. he says he can do more as an ideas now over at heritage, the oldest think tank on the conservative side. keep your eye on the governor of south carolina, she's a republican, it's up to her to pick a replacement to serve for two years who will she pick? that's what everybody wants to know. >> all right. thanks. >>> in egypt, opponents of president mohammed morsi are expected to take to the streets again. they were out in force last night in cairo chanting it was time for their president to resign. their anger was sparked two weeks ago when morsi granted himself sweeping powers. last night, morsi refused to rescind that decree, despite calls from proponents calling for him to do so. >>> the photographer who took a picture of a man standing on the subway tracks as a train a
. >> in a few days after the election when republicans vote didn't have the president has been disbanded voters like a 44-point gap. right away they said we need to do something aggressive on immigration. but it wasn't a couple weeks. republicans already couldn't agree on what needs to be done. how do you get your own party on the same page, devout democrats? >> i disagree. i don't think that's it's happening. what happens is the concept of immigration reform is one of consensus on the details of immigration reform with every major piece of legislation. we have millions of people who come here illegally. a lot of them come to me and say we've done it the right way and we didn't pay the fees, the churchgoing may somehow affecting the legally legally it would have been faster? it didn't seem right, so people are troubled by it. that's one example of one debate we will have. there's going to be invited to bid in the democratic party. as labor unions i'm in favor of a guestworker program. they will have an internal party debates. there's no magic solution. it's important to do and i believe we can.
still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick around. we'll get back to you as well. >>> from wall street now
just had an election. the people overwhelmingly know why we have this debt. the polling right before the election showed that the vast majority of the american people realize that the debt was caused by george bush. that is a fact. mr. president, we have another judge report coming out tomorrow here we have a little problem because of what happened with hurricane sandy. but we will still have about 100,000 new jobs. we are approaching about 4 million jobs now that have been created. that does not merely make up for what was lost during the bush years, but we are making progress. people in america realize we cannot have a top-down economy that the republicans so glove during the bush years and they wanted to create begin with governor romney. mr. president, i would be happy to take -- and they want to have again beginning with governor romney. mr. president, i would be happy to take a look at the proposal. if that is what they want to do, i would be happy to seriously take a look at that and report to the white house and my caucus. but until then, i object. -- r. president >> that has
, people were saying you got to incorporate poll workers for the election. you had holiday hiring. you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look,
the election. >> i think once, you were out that day, but great to see you stuart. how have you been? >> i'm recovering from the election. >> glad to hear it. what i'm seeing with the dividends, charitable contributions speeding up. people are trying to avoid the tax increases they know are going to hit them next year, the rich avoiding the tax on the rich policy, isn't it? >> well, who can blame them, right? this is a classic example of unintended consequences, when you start talking about raising taxes, people take action to reduce their liability. that's human nature, that's common sense. on this, on the stories you cite, stuart. two quick comments, number one, you can be pretty certain, dividends and capital gains will be taxed higher because of that 3.8 sur tax because of obamacare, that you can count on. second story, charitable contributions that's not ascertain as the 3.8% sur tax. >> i don't think we're going to see any restriction on the mortgage interest deduction. i don't predict that's going to happen. only 27% of people claim the mortgage interest deduction is a relatively sm
do well. having said that, welcome again, mr. secretary. just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing administration have been well-known. during the housing boom, the f.h.a. unweissly, i thought, guaranteed -- unwisely, i thought, guaranteed millions of risky mortgages with low down payments to borrowers with poor credit scores. we are reaping that now. these mortgages have resulted in billions of losses to the f.h.a. the federal housing administration has made matters worse, i think, by failing to come to grips with the magnitude, mr. secretary, of the problems. back in 2007, as the federal housing administration's poor financial position was becom
. he talks about the affordable care act as well as the fiscal cliff and plans for the 2014 elections. that is live sunday at 10:00 a.m.. then we will show it again at 6:00 p.m. eastern, on c-span. >> the supreme court will look at what was passed in 2008 by a majority of 623, i believe and they will say that impressed them. and indiana -- >> lets talk about facts. they decided in the indiana case it was constitutional for them to establish id. they did not say the other states -- >> correct. they decided about indiana. you are misrepresenting what i said. it was the law of the land. when i see these accusations that black people, of voter i.d. laws and disproportionately affect minorities, it implies to me that we have something missing in our brains. we are lesser than. to me, if white americans can go through all the processes to follow the laws, what are you telling black people? but somehow they are not good enough? they are lesser then? that is what bothers me. a lot of the rhetoric coming from democrats and the last. we have to make special -- there has to be specialness when w
these negotiations. if he really was going to have an about face after the election and really concerned about the legacy, i actually disagree to a certain extent because i think that he thinks the first four years was his legacy. >> yeah. i think you're right to some extent. this is obviously we're speculating here. the president could, this might happen, might be a last minute razzle dazzle here, where he rushes in and they've already kind of agreed to a deal and he didn't get everything he wants, but he gets most of what he wants. he might envision something like that. i'm telling you, when i heard folks like lindsey graham over the weekend say, i don't think there is going to be a deal, that kind of stuck with me and maybe there won't be a deal. i'm not sure that's such a bad thing given what the alternatives are. >> steve: i'm sure you've heard or seen that apparently the republicans doomsday plan, if the talks collapse, allowed the vote on extending the middle tax class tax cuts, the senate passed that back in august, and the republicans would all vote present, then allow the democrats t
to be reformed. for decades we have been electing politicians will tell us what we want to hear, but we cannot pay for the programs we want. until the american people themselves can deal with the truth, we're not going to solve this. contacting our politicians, offering sacrifice of the programs we like is the only solution. until then, politicians will not have the courage to cut the programs that we simply tell them not to touch. host: here is the editorial in the wall street journal this morning -- rick? caller: it's like a bar tab. we are the runs that ran up the bartec. our grandchildren will ultimately have to pay it until we realize we have to stop drinking and start paying the bill, nothing will happen. host: what should happen to tax cuts? caller: it should not be one or the other. it should be all of the above. the rich should go back to the clinton era tax cuts where they did a fantastic. the middle class should pay a portion. everybody should pay something. the big elephant in the room is entitlements. we have to address health care. in the end, like it or not, we will go to a sing
, that needs to be increased. it would be nice to extend it at the next presidential election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a regular basis. it is damaging confidence. on fiscal sustainability, we need deficit reduction in the next 10 years of about $3 trillion. to get there, a balanced approach would be $1.4 trillion in tax revenue. half of that would come through tax reform and the other half through higher tax rates. $1.2 trillion in cuts to programs -- medicare and medicaid, social security, and other budget items -- that would leave you with approximately $400 billion in interest savings. at all of that together and you get $3 trillion. the spending cuts were implemented as part of the budget
was surrounded by his family. right before the election in texas where he was completely knowledgeable of everything that was going on, he had the courage to pass the crime bill that had the assault weapons ban. it took courage and he paid a price for doing the right thing. another member of our leadership came after mr. brooks left us, but we all share a great pride to call him colleague. and his family in beaumont texas and his many fans throughout the country and in this congress. thank you all very much. >> senate democrats are urging house republicans to pass the middle-class tax cut. this is a little more than 20 minutes. >> we're here to encourage the leadership to take up the bill that we passed on july 25 that would continue and make sure that taxpayers have tax cuts and we have 27 days left before middle-class families see a tax hike that will average $2,200 a family. and when folks are getting ready for christmas, they tried to get the toys out of layaway so that children have what they want to give them for christmas and they are getting ready for the new year, families nee
the re-election of the speaker? or do you think he should be fired? >> well, we're going to see how the next few weeks go and whether he is willing to make amends and put out that score card. let the american people see what he based the decision on. i think that's critical. we need to see what the decision was based on. the american people need to hear the truth. both sides need to work together. we've had enough of these games, partisan games in d.c. and enough of people sucking up to corporate lobbyists. we need to do what's right for the american people. >> that sounds like a no. >> i'm trying to figure out if it is a no. it is a yes/no question. if the vote were taken right now, would you support him or n not? >> right now i'm not very happy with the speaker. so let's see what happens over the next several weeks. let's put it that way. >> congressman justin amash, thank you for your time. we appreciate it. >> thank you, soledad. >> you bet. >>> gun culture in the nfl. bob costas took a lot of heat when he made comments about gun control. did he it in the middle of the a game. t
Search Results 0 to 19 of about 20 (some duplicates have been removed)